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Real Estate Advice
Real Estate Advice

Tuesday, August 27, 2013

As the ink dries on a listing agreement, the first phone call I make is to a professional photographer to schedule a shoot of the property. In terms of curb appeal, the photos are just as important as a fresh coat of paint and cleaning up a yard. According to the National Association of Realtors, 90% of home buyers start with the internet in their home search, and the images are everything. The multiple listing service allows 25 photos, while sites like Realtor.com allow 35. The more photos of your property, the better idea a buyer has of what your home looks like and the more likely they are to look more closely at the details such as square footage and amenities.

Having a variety of photos to choose from makes no difference if photos are of poor quality. A professional photographer is of utmost importance in this regard. Professional photos are high resolution, diverse, and the angles used are most flattering to your home, and taken in the right light can transform a space. Poor quality listing photos may make your home look smaller than it actually is, where as good quality images can make a home appear larger. If you are looking to sell your home and would like an in depth analysis of the current value of your home, contact me today.

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Thursday, August 22, 2013

Jimmy Buffet’s Margaritaville is set to break ground on August 22. It was recently announced that a joint vewnture between Coastal Contruction and Tishman Construction have been selected to manage the construction, that will grace the shores of Hollywood Beach. A statement was released by CEO Tom Murphy to the Miami Herald this week, “There are great synergies between our two companies, including our mutual track records for creating hotels, resorts and multi-family residential projects of distinction, but more importantly, our shared values and company culture.” This project will bring hundreds of thousands to South Florida and could mean a substantial boost to the local economy, and to real estate values.

The project is orchestrated by developers Lojeta Millennium and Margaritaville of Hollywood, and investment group, Starwood Capital. This will be a massive undertaking. Margaritaville Hollywood will have a 17 story building that will include a 349 room hotel, restaurant, bars, and retail spaces over the 5 acre site. Some of the other amenities that will accompany the site will be a refurbished bandshell, public restrooms, water park, boat dock, and a 1,056 car garage. It is scheduled for completion by 2015. This will completely change the face, name, and economy of Hollywood Beach. Margaritaville’s across the country are some of the most popular destinations, for more than just Jimmy Buffet fans, many enjoy the island breezes and feel and Fort Lauderdale can offer an island feel while being easily accessible in the United States. I will keep you updated on the progress of this project.

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Tuesday, August 13, 2013

It has been and continues to be an incredibly active time in the real estate marketplace in Fort Lauderdale, and most particularly, in Berkley South. For those unfamiliar with this building, it is one of the properties that I recommend on a regular basis, given its many amenities, beautifully renovated lobby, incredible location just steps from the beach, flexible rental policy, as well as being pet friendly. Whether you are an investor or simply looking for a sunny pied-a-terre, Berkley South is an excellent building. Currently, I have three listings on the market in Berkley South. Each are desirable in their own right, and will likely not be on the market long, given the desirability and affordability of these units.

My three current listings in Berkley South are 3F, 10H, and 10I, all completely renovated. Berkley South 3F is the large NE corner overlooking the pool and deck featuring very high quality renovations, hurricane impact glass, smooth ceilings, and in perfect move in condition, offered at $279,000. Berkley South 10H is also completely renovated with hurricane impact glass, smooth ceilings, breathtaking south ocean, city and Intracoastal Waterway views and is being offered at $299,900. Berkley South 10I, fully renovated, with gorgeous south ocean, city & Intracoastal waterway views is move in ready and priced at $349,000. Each of these updated residences has distinct advantages, depending on your preference for size, building location and view, and represent an excellent opportunity to purchase property that will be a solid investment for the future. In the last year, prices in certain sectors of the Fort Lauderdale market have routinely increased, and the prices in Berkley South are still relatively affordable. If you are looking to sell in Berkley South, it is an excellent climate with a continued supply of buyers, and if you are interested in these units, I encourage you to call today for a showing.

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